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Pink Shutter Net Worth 2023 Update (Before & After Shark Tank)

Pink-Shutter-Shark-Tank-US-Net-worth-Update

Pink Shutter is a photo booth rental service. This was started by Lance Yabut and Tom Kanemoto in 2008. As of October 2023, Pink Shutter’s net worth is $5 million. They’re pulling in a whopping $5 million in annual revenue. 

In 2013, they appeared on Season 4 of Shark Tank USA and made a deal with Barbara Corcoran for $300,000 for 33% of equity. The final valuation was approximately $909,000, down from the founder’s initial estimate of $3 million.

As of October 2023, Pink Shutter is actively running operations. You can check out their website for the latest work, and get their services. 

Pink Shutter Net Worth

Net worth$5 million (2023)
Annual Sales Revenue$5 million (2023)
Profits
Lifetime sales
InvestorBarbara Corcoran
FounderLance Yabut and Tom Kanemoto
Employees

Pink Shutter Net Worth Timeline

Net Worth 2023$5 million
Net Worth 2022$5 million
Net Worth 2021
Net Worth 2020
Net worth valuation in 2013 after appearing on Shark Tank  $909,000
Net worth valuation in 2013 before appearing on Shark Tank  $3 million

Pink Shutter Pitch on Shark Tank

Company namePink Shutter
ProductPhoto booth rental service
EpisodeSeason 04 Episode 24
Founders Lance Yabut and Tom Kanemoto
Asked for$300,000 for 10% Equity
Final deal$3000,000 for 33% Equity
SharkBarbara Corcoran
LocationLos Angeles, California 

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Pink Shutter Founders

Pink Shutter was founded by Lance Yabut and Tom Kanemoto in 2008. These two entrepreneurs could utilize their knowledge of photography with creativity to come up with Pink Shutter. Pink Shutter’s founders, Lance Yabut and Tom Kanemoto, have a net worth of 3.6 Million USD as of 2023.

Key accomplishments:

YearAccomplishment
2013Pink Shutter appeared on Shark Tank pitch and secured a deal 

Conclusion

From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Pink Shutter and its continued success.

What do you think?

Written by GAG Team

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